Could Canada Carbon Inc Crash Even More? The Stock Had Another Big Decline Today

November 3, 2016November 3, 2016Marguerite Chambers

The stock of Canada Carbon Inc (CVE:CCB) is a huge mover today! About 81,000 shares traded hands. Canada Carbon Inc (CVE:CCB) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 9 months negative chart setup for the $24.42M company. It was reported on Nov, 3 by Barchart.com. We have $0.23 PT which if reached, will make CVE:CCB worth $3.17M less.

More notable recent Canada Carbon Inc (CVE:CCB) news were published by: Seekingalpha.com which released: “Canada Carbon Should Become Canada Marble” on May 16, 2016, also Marketwired.com with their article: “Canada Carbon Appoints Former President of Industrial Materials at GrafTech …” published on October 30, 2015, Investingnews.com published: “Canada Carbon Summarizes PEA Work for Miller Graphite Project” on October 29, 2015. More interesting news about Canada Carbon Inc (CVE:CCB) were released by: Seekingalpha.com and their article: “A Visit To The Canada Carbon Miller Project: An Unusual And Possibly Unique …” published on January 11, 2015 as well as Reuters.com‘s news article titled: “Canadian carbon price worries farmers, fertilizer makers” with publication date: October 18, 2016.

Canada Carbon Inc. is a Canada-based mining company. The company has a market cap of $24.42 million. The Company’s principal business is the acquisition, exploration and evaluation of mineral properties. It currently has negative earnings. The Firm operates in the acquisition and exploration of mineral properties in Canada segment.